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Volume 3 Chapter 48 Background

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    "Sister Qing is your image consultant and business partner. Chen Songqing is the owner of this Kinmen Building. You take office today. It's okay for them to send peonies and bamboos." Shen Chong walked to the window sill, picked up a rose, and  Turning it around in his hand, he asked: "Why did Lin Xiufeng think of sending you flowers?" "Didn't you read the press briefing? Jianning Real Estate announced last week that it was preparing to sell this building at a price of 1.8 billion Hong Kong dollars.  The interests in Building 75 were transferred to Bai Ningshun Group, a company jointly founded by Lin Xiufeng and his brother Lin Xiurong. "Li Kaiyuan explained while reading the documents: "According to the communiqu¨¦, the transaction will be completed next month.  It was said that the owner of this place would be Lin Xiufeng in a short time." Shen Chong suddenly realized and said with emotion: "The Kinmen Building is really ill-fated and has had three owners in less than a year.  "In the eastern part of the Central and Western District of Hong Kong Island, between Central and Wan Chai, there is a geomantic treasure called Admiralty. It used to be the naval dockyard of the British Army in Hong Kong. After World War II, due to the impact of the reclamation project, the Navy moved to Timberland.  Ma Jian, this place became vacant. In the early 1970s, Kinmen Construction defeated the powerful Land Group and grabbed a piece of land in Jinzhong. It built the Kinmen Tower in 1975. In the same year, Jardine Matheson took advantage of the stock market crash.  , took advantage of the situation and acquired Kinmen Construction, taking over the newly built building.  In 1978, the Land Group bought the Golden Gate Building from Jardine Matheson for HK$1.5 billion. A year later, the Land Group decided to sell the building in response to Pao Yugang's attack on the Wharf.  After hearing the news, Chen Songqing immediately rushed over to make contact. After a brief contact, on January 10, 1919, he bought the Golden Gate Building for HK$9.8 billion and renamed it the Carnegie Center.  The Land Group bought with the left hand and sold with the right, making a net profit of 800 million in one year. It was the most profitable single property transaction since the opening of Hong Kong. As soon as the news came out, it immediately caused a sensation in Hong Kong. The media and the public were not only envious of the Land Group for its huge profits.  Even though he made a lot of money, they were all surprised by Chen Songqing's strong financial resources and extravagant arrogance.  While Chen Songqing was acquiring the Kinmen Building, he was also making waves in the stock market. He spent 47.8 billion Hong Kong dollars to acquire a shell company, changed the name of Jianing Real Estate to Jianing Real Estate, and then went public through a backdoor listing.  On July 11, Jia Ning Real Estate claimed to have paid the last payment "as scheduled", and a buyer was willing to pay 1.43 billion Hong Kong dollars to acquire the Golden Gate Tower. It only made a net profit of more than 400 million in half a year, which once again shocked the whole of Hong Kong. Jia Ning Real Estate shocked the whole of Hong Kong.  Ning Real Estate's share price has soared, from 05 per share at the end of U to a market value of nearly 100 million Hong Kong dollars per share.  In July, Jia Ning Real Estate announced that it had "in-depth negotiations" with merchants interested in purchasing the Golden Gate Tower, and the price was approximately HK$1.5 billion. Since then, there have been rumors in the market. Some said that the Golden Gate Tower has been sold to buyers from the UK, and some said that the Golden Gate Tower has been sold to buyers from the UK.  It is said that it has not been sold yet and the buyer is Chinese. But regardless of the rumors, the selling price is very high, which stimulates the share price of Jiali Real Estate to rise further.  On August 14, Jia Ning Real Estate announced that it had reached a "preliminary agreement" with the Bai Ning Shun Group to sell 75% of the interests in the Golden Gate Tower for HK$1.8 billion. The deposit has been paid. The transaction completion time is September 13. Affected by this,  The share price of Jiani Real Estate rose again, reaching nearly HK$13 per share, with a market value of more than HK$3 billion.  In one month, the market value of Jiani Real Estate soared from 100 million to 3 billion. The expansion was faster than blowing up a balloon. It is a myth. If Shen Chong hadn't created a Gao Geng in the United States that sold 400 million in three days, his  The title of "God of Wealth" might have been snatched away by Chen Songqing "Bai Ningshun, Ia, HIam are the abbreviations of Lin Bingyan. It turns out that Bai Ningshun means Lin Bingyan's son." Shen Chong muttered a few words and said:  "Young Master Lin is very filial and named the company after his father. Unfortunately, although the meaning is good, he can't stand it. He used UR billion to buy 10 half a year ago, and now he uses 1.8 billion to buy 75. If Mr. Lin knew that his son did this  Business, I think I would be so angry that I would beat him up. " Lam Bing-yan was the founder and first chairman of Hang Seng Bank. He was a business tycoon who dominated Hong Kong in the 1930s and 1940s. It is said that when he died in 1949, he left an inheritance worth 300 million Hong Kong dollars.  Huge inheritance, 100 million of which was designated for cultural undertakings. When Lin Xiufeng invested in Jiayi TV in the 1970s, he used that part of the inheritance.  "Mr. Lin has been dead for many years, don't talk nonsense." Shen Chong sternly put his hands together in repentance, and then said: "I took out these roses and threw them away." "It's up to you." Shen Chong curled his lips and picked up a few.  The rose with bright color and perfect petals was inserted in the middle of his vase of lilies, and he said: "It's better to keep some. Beauty is like a famous horse. If no one chases it, it will be very lonely." "You're talking nonsense again" Li  Kaiyuan raised his head and rolled his eyes at him, and said: "Chen Songqing wants to ask you to play ball." "What kind of ball are you playing on this hot day?" "You don't seem to have a good impression of him?" "No, I've only met him once.  That's it, not even a friend. Besides, my playing skills are very poor. " "This used to be called Golden Gate Building, but now it's called Jianing Center. Mr. Chen is the owner of this office." Li Kaiyuan put down the documents and turned his office chair.  Facing him, he teased: "He just robbedIt's just a month of prestige. Don't be too petty. Do you want to dominate the headlines of Hong Kong's major newspapers every day?  The headlines are a major event to save the earth "I love vanity the most." Shen Chong made an unknown face and said, "Okay, I will go play ball when I am free one day." "I don't know.  Why don't you like him? But since you don't like him, you should go fishing even more. Otherwise, my mother might invite him to my house one day. You know, my mother made a lot of money by buying Jianing's stocks.  Now, apart from you, Mr. Chen is the most pleasing to the eye in Hong Kong. " Shen Chong smiled bitterly, he is really in a cocoon During the Spring Festival, Aunt Liu took a sum of money collected by the neighbors and asked Shen Chong to help invest.  He took it and loaned it to Li Ka-shing at high interest rates. After the money was recovered, he encouraged Aunt Liu to buy shares of Jianning Real Estate. When he first entered the market, it was just over 5 yuan. By the time he came back from Beijing, it had become 13 yuan.  More, in two months, it more than doubled, and Aunt Liu was so happy that she couldn't open her mouth from ear to ear.  "Your mother didn't use her own money to buy the shares of Jianing Real Estate, right?" "No, my mother obeys your advice, and whatever you say will be whatever you say." Li Kaiyuan was suspicious and asked: "Since you are optimistic about Jia Ning Real Estate, why?  Stay away from Chen Songqing and not let my mother invest more money to buy stocks? "Chen Songqing's business strategy is very simple. He uses the borrowed funds to create sensational transactions, speculates on the company's stock price, and then uses the stocks as money.  Acquisitions and crazy expansion are business models that are not a big problem if the stock market continues to be bullish, but once the stock market fluctuates, the capital chain will break and eventually it will be over.  Hong Kong's economy developed rapidly in the late 1970s. The average annual trade volume growth rate exceeded 30%. The stock market also rose with the tide, becoming the most watched bull market in Asia. Many foreign financial companies poured into Hong Kong, bringing a large amount of capital and real estate demand. Central's top  The rent of office buildings rose from U Hong Kong dollars per square foot in 1975 to 30 Hong Kong dollars in 1999. The price of luxury houses in Mid-Levels rose from HK$1.5 million to HK$100,000. The Hang Seng Index rose from less than RU0 points to more than UU points. The stock trading volume increased from 1979 to 1979.  0 billion Hong Kong dollars in 2019 rose to 97 billion Hong Kong dollars in 2019. In this environment, Chen Songqing was like a fish in water and prospered Now the whole of Hong Kong is filled with optimism and excitement. Naturally, Shen Chong cannot say that next year  The Sino-British negotiations reached a deadlock, and the stock market would plummet. He turned on the magic stick mode and said nonchalantly: "Chen Songqing looks down on others. He is not a kind person. It is okay to follow him to pick up some small advantages, but you cannot have a deep friendship with him."  "You can still meet each other?" "I just learned a little bit, and I'm still researching." "You just like Yu Shenshen's talk." Li Kaiyuan didn't go into details. After reading the document, she stood up and said, "Let's go.  , Go home first.¡± Shen Chong hummed, collected the scattered roses on the window sill, and said, ¡°It¡¯s a waste to throw them away, take them home to comfort Tianbao.¡± Li Kaiyuan came over,  He took a dozen lilies from the vase and said, "You bought too many. Take some home to grow. By the way, what were you writing when I came in just now?" "You didn't write anything, just drew a few.  "A picture." "What picture?" "A drawing of the outline of a skyscraper."
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